ELECTRIC AND AUTONOMOUS VEHICLE MARKET: COMPETITION AND CHALLENGES

Abstract

The electric and autonomous vehicles market is on an upward trend, a development driven both by general factors such as the orientation of global policies towards the transition to clean energy and the reduction of carbon emissions, the development of future technologies in the context of the digital era, but also by particular aspects related to transport and traffic safety issues. In parallel, we are facing an expansion of the electric battery market, but also of the new supporting technologies (e.g. 5G) and specific infrastructures. This paper proposes an analysis of the current state and prospects of the electric and autonomous vehicles market, the competition between manufacturers at a global level, but also a brief assessment of the preconditions of the sector development (5G technology, electric batteries, EV charging stations etc.). The main results show a significant concentration of markets, but also the favorable position of Asian countries, with China taking the leading role.

Keywords

• electric vehicles
• autonomous vehicles
• 5g technology
• electric batteries